What GME ought to do

[sdholloway56]

Being a crap company that's tied to  dying business model, probably worth a few $ a share on the way to 0 if they don;t do something major.

Takes time to get a stock offering going but too bad they can't issue a few hundred million shares- even at 10$- which would be a gift.

Unfortunately they don't have time and this episode probably will hurt them in the end unless they get some free advertising from being Real Victims and Working Class Heroes (maybe piggyback on MyPillow ads?).

Although any execs who own a lot of stock are being offered a huge and unexpected golden parachute for running the company into the ground.

[r3020]

Great plan for a bail out of the very hedge funds that are trying to destroy them. Buy your shares back for 10 bucks instead of a couple of hundred. Must have been dreamed up by the Indian.

[sdholloway56]

Hedge funds can't destroy them.

They might force a change of management or restructuring, which seems warranted given the past 5 years' performance.

[r3020]

The hedge funds force them into bankruptcy and then cast lots for their bones.

[sdholloway56]

They might get some sympathy buyers for an offering after the price collapses.

[r3020]

They get a card from Bane Capital.

[sdholloway56]

I recall those good old days when a private equity operator was way better than a Kenyan socialist muslim.

[r3020]

I remember when he was a rich hater that only cared for the 47%

[sam1wiseone]

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@r3020 wrote:

I remember when he was a rich hater that only cared for the 47%

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[BA Deere]

This is made way more complicated than it should.  Look, let hedge funds short to their hearts content ...BUT if they get tripped up LET nature take it`s course and unmercilessly allow them to be ground up.   No crying to mommy to stop trading for a day to let them change their shorts.   "Fight like hell!"